U.S. President Donald Trump loses lawsuit challenging subpoena for financial records by JanNWolfe
- A U.S. judge on Monday ruled in favor of a U.S. House of Representatives committee seeking President Donald Trump’s financial records from his accounting firm, dealing an early setback to the Trump administration in its legal battle with Congress.
Mehta said in Monday’s ruling that the committee “has shown that it is not engaged in a pure fishing expedition for the President’s financial records” and that the Mazars documents might assist Congress in passing laws and performing other core functions. Trump’s lawyers have argued that Congress is on a quest to “turn up something that Democrats can use as a political tool against the president now and in the 2020 election.”
Mehta was appointed in 2014 by Democratic former President Barack Obama, who was often investigated by Republicans in Congress during his two terms in office.The ruling was “a resounding victory for the rule of law,” Elijah Cummings, the House Oversight Committee chairman, said in a statement.
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